our client recieves a material on the basis of performa invoice and entered the material in the store on the basis and details of performa invoice. But the orginal invoice is recieved after around one month {also original bill contains one month later date} and the entry in books of such purchase is made on the basis of such bill due to which the reception of material against such bill recorded in the store one month before the date of original bill. so my ques is wheather such treatment is correct or not.

Hello,

Can you please suggest the steps to be taken for costing implementation in a manufacturing industry....

Thanks & Regards

A textile company has shown net losses of Rs.8 lakhs in 06-07 & 17 lakhs in 07-08. The depreciation accounted was Rs.12 lakhs in 06-07 and 90 lakhs in 07-08.

1. can we treat the company as healthy basis the dep.accounted and finance 5 crores for WC needs?

regds
s.kumar

What are cash profits & why it is called so? difference between cash profits & net profits?

regds,
s.kumar

Dear Sir,

I am having a pvt ltd comapny which is closing on 31/03/2009 which has some assets in its Balance Sheet and I am starting a proprietory Concern from 01/04/2009 I want to know How should I transfer the assets in Proprietorn concern as I am not going to pay for that assets.

Thanks.

Whether architectural model of plant should be capitalised? If yes, does it should be added to cost of plant?

a company deals with "A" Brand cell phone. It has got appointed as distributor for "B" Brand cell phone also.

Both model cell phones are being sold to same debtors. is it advisable for the company to maintain 2 ledger names for the same debtor. eg. both A & B brand sold to M/s.A Ltd., Now the company wants create M/s.A Ltd - A Brand, M/s.A Ltd., - B Brand so that the company can take out the outstanding report clearly brand wise. Is it legally allowed or any restriction.

Kly clarify.

With kind regards
k.thyagarajan

Is a private company can issue preference share to public?

A member of private company holding equity share can transfer share to relative. Hear what is definition of relative?

dear sir
i have not paid tds for fy 2008-09 for period april 08 to feb 08 the amount of tds is rs 74695
interest rate for tds is 1% per month

so plaese check the interest calculated on the amount say is it right figure

tds april to feb rs 74695
due dt 7 of ech month
delays days 11 month

tds 74695.00
11% int 8216.00

total payable today is 82911.00

is it right

sir
one of my staff is paid salary per month rs 23000.00 but our firm doesnt have any salary structure please can u provide salary structure because some expenses are allowed & some disallowed

regards